BGN Entrepreneur

Supermarkets suffered a dismal January as department stores, furniture shops and clothing outlets turned the table on the formerly dominant grocers.
According to MasterCard Afdvisors’ Spending-Pulse data, in a complete reversal of the previous trend, the rest of the high street delivered most of the growth in retail spending last month. Total sales rose by 3.8%, but the grocers’ sales increased by only 1.1%, when price rises and new stores are accounted for. This underlies that the volumes might have declined.

Related posts:

1. No Profit in High Street Banking
   According to a new research by the accountancy group of...
2. Branson Makes Humble Start in Challenge to High Street Banks
   Sir Richard Branson has begun his assault on the financial...
3. US Tycoon Backs Virgin Bid for High Street Bank
   Wilbur Ross, the American tycoon, has confirmed a cah injection...
4. Empty High Street Shops Provide Opportunity for Businesses to “Pop Up”
   Business are devising new ways of reaching customers on the...
5. High Street Revival
   While global markets are always alluring, researh from Intuit has...